BALA CYNWYD, Pa., July 30, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Spirit AeroSystems Holdings, Inc. (NYSE – SPR)
Under the terms of the agreement, Spirit will be acquired by The Boeing Company (“Boeing”) (NYSE – BA) for $37.25 per share in cash at closing, an equity value of $4.7 billion. The investigation concerns whether Spirit Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Boeing is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/spirit-aerosystems-holdings-inc-nyse-spr/.
Sharecare, Inc. (Nasdaq – SHCR)
Under the terms of the agreement, Sharecare will be acquired by Altaris, LLC. for $1.43 per share in cash at closing. The investigation concerns whether Sharecare Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Altaris is paying fair value to shareholders of the Company. For example, the deal consideration is below the 52-week high of $1.80 for the Company’s shares.
Additional information can be found at https://www.brodskysmith.com/cases/sharecare-inc-nasdaq-shcr/.
GRIID Infrastructure Inc. (Nasdaq – GRDI)
Under the terms of the agreement, GRIID will be acquired by CleanSpark Inc. (“CleanSpark”) (Nasdaq – CLSK) in an all-stock transaction. GRIID stockholders will receive shares of CleanSpark common stock based upon an exchange ratio. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. The investigation concerns whether the GRIID Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether CleanSpark is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/griid-infrastructure-inc-nasdaq-grdi/.
Infinera Corporation (Nasdaq – INFN)
Under the terms of the agreement, Infinera will be acquired by Nokia (NYSE – NOK) for $6.65 per share in cash at closing, an enterprise value of $2.3 billion. The investigation concerns whether Infinera Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Nokia is paying fair value to shareholders of the Company.
Additional information can be found at https://www.brodskysmith.com/cases/infinera-corporation-nasdaq-infn/.
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